KRDI Egypt is expected to target 0.65 then 0.75Daily chart,
the stock EGX:KRDI has been trading above a rising trend line since Oct 2024. I see the price will rebounce from the current level 0.600 to test the resistance line R1.
After crossing R1 line at around 0.650 - 0.658, the next target will be R2 (around 0.750 - 0.760).
Technical indicators: RSI and MACD still need confirmation for a new entry (buy)
Note: A Resistance level at 0.670
Consider Stop Loss below 0.600 (closing)
KRDI trade ideas
#KRDI - Egyptian stock#KRDI time frame 1 hour
created a bullish Gartley pattern
Entry level around 0.59
Stop loss 0.575 ( estimated loss -2% ) -5% from currant prices
First target at 0.611 ( estimated profit around 4% ) achieved
Second target 0.633( estimated profit around 8% )
Third target 0.659 ( estimated profit 12% )
Note : First target already achieved so it will be good chance if prices fall back into entry zone.
NOTE : this data according to time frame I hour
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
KRDI: Ready to Break or Bounce? Watch These Levels!KRDI is setting up for a key move, with price holding above support at $0.62 and showing strong momentum on both the daily and hourly charts. If it reclaims $0.65 with volume, a breakout towards $0.68–$0.72 is in play. However, a pullback to $0.62 could offer a solid buy opportunity if support holds. Watching volume closely—confirmation is key. A drop below $0.60 would invalidate the setup. Let’s see how this plays out! 🚀📈